Hey all you Trusty McTrustersons! Here’s an excerpt from a post Trusty Tim Ryan published today on LinkedIn explaining something new at PwC called The New Equation: What we know is that trust will be the defining factor in how businesses are able to achieve both profit and purpose – so in the US, we are aligning […]
Today, the AICPA and NASBA unveiled their highly anticipated CPA Evolution Model Curriculum — CPAEMC if you’re nasty — which the Journal of Accountancy describes as “a recommended blueprint for an accounting program designed to help educators prepare graduates for the changing demands of the CPA profession.” Times they are a-changin’, kids, so much so […]
Andrew Yates has put together a squad—six men (including Yates) and six women—who will act as his right hand when he takes over as CEO of KPMG Australia on July 1. One of the members of KPMG Australia’s new National Executive Committee is a recent refugee of PwC, according to a press release: External hire, Dorothy […]
The newly minted partners at Deloitte Consulting in India started their sweet gigs a couple months ago. The firm didn’t put out a press release about their achievement, but fortunately President Romal Shetty gushed about the 12 men and two women on LinkedIn. Here’s the group of 14 at Deloitte India who will finally get […]
Former Lebanon, MO, accountant Douglas Richardson found out on June 10 how long he’ll be spending in federal prison for the Madoff-esque crimes a jury in November 2019 said he was guilty of committing. According to the U.S. Attorney’s Office for the Western District of Missouri: A former certified public accountant in Lebanon, Missouri, was […]
Deloitte Sued for Allegedly Failing to Find ‘Irregularities’ in Audits of Singapore Oil Trader [Insurance Journal] A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade. KPMG shouts […]
On May 16, 2021 the CDC announced that fully vaccinated individuals could enthusiastically rip the masks from their faces and go forth out into the world maskless like they did prior to all this mess. Social distancing? Gone. Hiding in your apartment? Forget it. From the CDC website: If you are fully vaccinated, you can […]
Looking for a truly remote accounting job—one that doesn’t transform into an in-office grind after a few months? Accountingfly is the answer to your “never commute again/never wear suit pants again” prayer–their core business is placing candidates in 100% permanently remote accounting jobs. Whether you’re looking for a permanent position or a freelance/temp gig, check […]
A tweet tonight from ESPN senior NHL writer Greg Wyshynski: Wow #JerseyFoul pic.twitter.com/d9XDWuWlts — Greg Wyshynski (@wyshynski) June 9, 2021 OK, so it’s likely not Carmine. But Adrienne and I can’t figure out why the hell somebody would pay good money to have that name stitched on the back of their Islanders jersey. I said […]
Imagine my surprise when innocently browsing Reddit while on the can the other night and stumbling across the r/justfuckmyshitup x Deloitte crossover I never knew I needed. Some highlights from the comments: Don’t get this haircut and definitely don’t work at Deloitte either. You ever heard of wlb? It’s obviously a large firm with many […]
It’s promotion season at PwC, and the newest batch of chosen ones will officially become partners or principals on July 1 after they kiss Tim Ryan’s ring. Of the 210 individuals promoted, 116 will be partners and 94 will be principals. This year’s class of 210 new partners and principals is the smallest since 2015, […]
[Updated on June 11 with information about employee raises.] Plante Moran is the darling of the F100BCTWF, having made the list for the 23rd time; however, PM is dangerously close to dropping out of the top 100, falling from No. 21 last year to No. 91 this year. Despite the huge drop in the rankings, […]
The Chicago-based public accounting firm with a guitar pick for a logo handed out 24 new memberships to the partner club on June 1, one more than last year. The 15 men and nine women in the Baker Tilly new partner class of 2021 are: Paul Bishop, CPA, Tax – Manufacturing and Distribution, Madison, WI […]
I never thought I’d ever write the words “egg accountant busted in embezzlement scheme” but here we are. The egg accountant, Jonathan Weston, was indicted by a federal grand jury in Pittsburgh June 3 on charges of fraud conspiracy, money laundering conspiracy, and tax fraud. According to the U.S. Attorney Office for the Western District of […]
Last January we reported that TPTB at Deloitte decided they’d get the ball rolling on employee compensation in late spring this year instead of the usual August time frame. Nobody seems to know for sure if this is a one-time deal or if this is going to be standard operating procedure from now on. But […]
Poaching season never rests, especially in the U.K. In today’s edition of “Big 4-on-Big 4 Poaching From Around the World,” Ian Wood can get his old KPMG coffee mug out of storage because he’s back at where it all began, this time as part of the firm’s Energy Lead Advisory team. According to a press […]
While these 29 individuals at Deloitte Canada were promoted to partner at the beginning of the year, it’s not too late to recognize this class of 16 men and 13 women for their unyielding love of all things D-town. Among service lines, consulting leads the way with 15 new partners, followed by tax and legal […]
Here’s a nice little Friday news dump for y’all to hand-wring over as we head into the weekend: Securities and Exchange Commission Chairman Gary Gensler has fired the U.S.’s top accounting regulator, a move that is certain to please investor advocates and progressives who had demanded an overhaul of the watchdog. The SEC announced the […]
Wealthy KPMG clients continued to dodge taxes for years after CRA detected offshore ‘sham’ [CBC] The KPMG scheme involved setting up shell companies for Canadian multimillionaires and billionaires in the Isle of Man, a British crown dependency in the Irish Sea. A client would purport to give away their wealth to one of the shell […]
In late 2019, we learned that EY thinks women are a bunch of dumb sluts who need to be told to cover up the goods in a professional setting, so much so that a day-and-a-half long “leadership seminar” held at the firm’s Hoboken office in 2018 focused intently on this bit (er, their bits?). HuffPo […]
From the Ministry of Finance in Malaysia earlier today: The Government has received a settlement payment of RM336 million (US $80 million) related to 1Malaysia Development Bhd (1MDB) from Deloitte PLT. In a statement today, the Ministry of Finance (MoF) said the money had been deposited into the Assets Recovery Trust Account. “To date, the […]
In today’s edition of “Big 4-on-Big 4 Poaching From Around the World,” EY has added a couple of ex-Green Dotters to its partnership ranks in the U.K. and Australia. David Bowen announced on LinkedIn in early May that he would be leaving Deloitte U.K. to become a partner and lead EY’s family office advisory services […]
A memorial service will be held in West Virginia on Thursday morning for KPMG Managing Director James Alan White who passed away in Dallas on Oct. 22, 2020. Internment will follow the memorial service, according to his obituary. White, who would have turned 56 on June 16, was born in Charleston, WV, and was a […]
The smell of new partners is in the air in Australia, as the Australian Financial Review recently reported on the 70 newest rainmakers at Deloitte. Of the 70 new partners who officially get promoted on July 1, 35 work in consulting, 12 in audit and assurance, eight in financial advisory, six in risk advisory, six […]
At this same time last year, we were all wondering if the world as we knew it pre-March 2020 would ever return or if we’d be stuck in dystopian purgatory forever. Thankfully we — we as in those of us in the United States — made it through and might even have a normal summer, […]
“This is rearranging the deckchairs on the Titanic. To regulators, they have always been giving warnings that if you close one down, we will be the Big 3 – so leave us alone, as we are ‘too big to fail’. Fundamentally, it’s the leadership culture and aggressively commercial model of these firms which is broken […]
If you’ve chosen to awaken from your work-from-home slumber and returned to your firm or accounting department, you may have noticed a foul smell coming from some of your younger colleagues. No, they aren’t reeking of entitlement (unless they work at EY). They are reeking of body odor. Lockdowns and social distancing have triggered a […]
KPMG launches relaxed work policies to combat remote work fatigue [Accounting Today] “Since the start of the pandemic, the firm has employed a continuous listening approach, using regular experience surveys and other feedback channels to stay connected with people and better understand the challenges they’re facing and support they need,” Darren Burton, vice chair of […]
June is soon upon us which means rainbows slapped across corporate social media pages far and wide as a way for companies to say “hey, we’re OK with gay!” Which, I mean, that’s cool and all but maybe we’ll achieve a point in our lifetimes where people of all backgrounds can feel welcome and accepted […]
“The principle of shared audits is very attractive to challengers as long as the share of the audit is meaningful and brings incremental experience to teams. If the challenger firm is just going to get what’s left at the bottom of the barrel, that’s not interesting and doesn’t help.” — Fiona Baldwin, head of audit […]
When all was said and done, RSM US and its employees had a pretty decent 2020. The firm’s revenue increased nearly 11% over the previous year, RSM didn’t cut pay during the pandemic and doled out both raises and bonuses to employees, and RSM overtook KPMG as the firm most likely to give its capital […]
While a potential class complaint filed against Mattel and its auditor PwC by a group of Mattel investors currently sits in the U.S. District Court for the Central District of California, a separate lawsuit against directors of the global toy giant’s board and PwC was filed on May 21 in Delaware Chancery Court by a […]
Hey hey, it’s May. Just in case you forgot or are still stuck in an endless, nightmarish loop in which passing days are both rushing by and dragging on forever at the same time. What’s up with that, anyway? It feels like every time I look up, another month has passed me by. Is it […]
In today’s edition of “Big 4-on-Big 4 Poaching From Around the World,” we head to London where Jill Trafford finally got an invitation to participate in games Big 4 partners play. She announced her promotion at EY on LinkedIn earlier this month: With EY dangling a promotion to partner, Trafford decided to dip from her […]
TPTB at BKD have released the names of the firm’s newest class of partners who will officially be welcomed to the club on June 1. The 15 men and three women who will receive gift bags from Ben and Kate next week are: Jim Ashley, Springfield Brian Beiser, Denver Rick Carrier Jr., Evansville Meagan Clark, […]
“We have championed flexible working for many years prior to COVID-19 and we will continue to do so. This has been built on a culture of trust with our people. We also believe there will always be a need for EY to have office space across the U.K., but how we use our offices in […]
Congrats to KP(hil)MG’s most beloved and valuable employee for winning his second PGA Championship on Sunday—his sixth major overall—and for becoming the oldest major champion ever at age 50. Phil Mickelson and his blue KPMG hat shot a one-over-par 73 during the final round of the PGA Championship on Sunday, finishing with a two-shot lead […]
How to ask for a raise when the pandemic nears its end [Journal of Accountancy] With a growing portion of the population in the United States and some other countries vaccinated and at least some aspects of life set to return to normal, you may feel it’s time to raise the question of compensation with […]
Imagine if you will being magically transported back to the year 2011. As you aggressively yank your jeggings over your calves while waiting for Angry Birds to update over your 3G connection, “Somebody That I Used to Know” plays gently (and incessantly) in the background. The phrase “orange Cheeto man” didn’t even exist in your […]
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All it takes, apparently, is to keep them hydrated.
[Updated with corrected version of net audit fees won table from Audit Analytics.] With the first quarter of 2021 already in the books, it’s time once again to look at the winners and losers among the top 12 global and national accounting firms that participated in the first round of auditor musical chairs for 2021. […]
After pleading guilty last February to two counts of wire fraud for stealing more than $1.2 million from his former employer, accountant Christopher May of Paoli, PA, was given 16 months to think about his choices. The U.S. Attorney’s Office for the Eastern District of Pennsylvania said: From roughly October 2019 until May 2020, while […]
On May 5 the AICPA announced that of the 75,000 brave souls who sat for the CPA exam in 2020, 89 of those managed not only to pass each part on their first try but also scored a cumulative score of at least 95.50 which is necessary to qualify for the esteemed Elijah Watt Sells […]
After spending 15 years working at PwC in the U.K., Switzerland, and the United Arab Emirates, Mohamed Serokh has joined the Big 4 firm with the most valuable brand in professional services: Big D. Because the PR wizards at Deloitte Middle East hadn’t yet sent out a media release announcing Serokh as the firm’s newest […]
Thanks to a tipster who sent us a link to a Facebook post from Saed Abdallah, a partner at EY Palestinian Authority: The missile strike on the 12-story al-Jalaa building in Gaza City was carried out by Israel because it claimed the building was also used by the Islamist militant group Hamas. The building, which […]
Deloitte has the most valuable brand among commercial services firms worldwide, as the Green Dot is valued at $26.7 billion, according to the 2021 Commercial Services 100 report from Brand Finance. However, the value of the Deloitte brand slipped nearly 18% in the past year—from $32.5 billion in 2020 to $26.7 billion—due to the Rona, […]
After years at a private equity-backed technology company in Seattle, I had an opportunity to take on a new role as controller at CorneaGen, a mission-driven organization devoted to transforming cornea care and eliminating corneal blindness worldwide by 2040. This role blended two passions: my love of accounting and a childhood love of medicine. The […]
Just saw on my Twitter feed the sad news that the remains of James Alan White, the KPMG managing director who went missing last October, were found Thursday afternoon and identified by the Dallas County medical examiner’s office on Friday, according to the Dallas Morning News. The newspaper reported: Dallas police said that a survey […]
Deloitte, KPMG, PwC Units Fined in Spain Consulting ‘Cartels’ [Bloomberg Tax] Deloitte, KPMG, and PwC are among 22 consulting firms to be fined a total of almost 6 million euros ($7.3 million) for forming cartels that manipulated Spanish public contracts for at least 10 years, the country’s market watchdog has said. The firms worked in […]
It’s one thing to discuss the breadth of the UK government’s March 18 consultation paper, “Restoring Trust in Audit and Corporate Governance,” with its 98 questions spread over 232 pages, as I did recently in a conference mixing academics and practitioners. It’s quite another, and thoroughly dispiriting, to observe the public silence on the likelihood […]
*snort* Via the tip box: You can’t make this up! I don’t know if a double entendre was intended, but it definitely raises questions. Some have been commenting, why can’t there be penetration and protection?
A Tennessee federal judge on May 7 greenlighted class certification in a multiyear lawsuit against KPMG by investors of the now-defunct oil and gas company Miller Energy Resources Inc., despite KPMG’s best efforts to get the lawsuit thrown out. According to Law360, U.S. Magistrate Judge Debra C. Poplin had recommended that the Miller Energy investors […]
Accounting students who are graduating in 2021 are the beneficiaries of an average starting salary that has increased by nearly 11% over last year, according to the most recent salary survey from the National Association of Colleges and Employers (NACE). The average starting salary for accounting undergrads this year is projected to be $58,508, up […]
In today’s edition of “Big 4-on-Big 4 Poaching From Around the World,” we have two more examples of PwCers hoping the grass is more greener at KPMG. First, we go to Scotland where Rob Aitken left PwC to become KPMG’s newest transaction services director in Aberdeen. The website Insider.co.uk got some information about KPMG of […]
We’re seven and a half months away from Christmas but that didn’t stop the benevolent overlords of the CPA exam from gifting candidates with an early score release this week. Scores were due today according to the AICPA score release schedule. #CPAExam candidates! Waiting for your score(s)? They will be released tonight at 7 p.m. […]
No, that isn’t the latest fine given to a Big 4 firm by the SEC for shitty auditing. That is the median cash compensation—after graduation and working for 35 years—for someone who got an MBA from one of the top 50 business schools in the U.S., according to an analysis for the website Poets&Quants by […]
Working at the Big 4 has gotten so bad that one auditor, Zane Navratil, decided to become a professional pickleballer instead of continuing his public accounting career at Deloitte. Spectrum News 1 reported: In July 2020, in the middle of the coronavirus pandemic, Navratil decided he was going to quit his day job as an […]
By now you’ve heard or read about the $250 bonus PwC is paying to employees each time they take a full week’s vacation for the next year. Now Mazars USA is throwing its hat into the “pay your employees to go away” ring. Mazars sent an email to employees late last month explaining its new […]
These are the snacks powering CPAs during tax season [Journal of Accountancy] Wait, it’s not black tar? Huh. KPMG UK staff to work in offices up to four days a fortnight from June [Reuters] “As part of the firm’s new hybrid way of working, from June onwards, the expectation will be that KPMG’s people spend […]
The SPAC bubble didn’t burst during the first quarter of 2021. Of the 407(!) initial public offerings in U.S. markets between Jan. 1 and March 31, 298 (73.2%) involved blank check or special-purpose acquisition companies, according to a new analysis from Audit Analytics. In total, the 407 IPOs raised nearly $134.7 billion—an increase of more […]
The PCAOB emphatically denied the allegations made by its former chief administration officer Sue Lee who claimed in a wrongful termination lawsuit that she was the victim of a “xenophobic and racist campaign” against her by Chairman William Duhnke because of her Asian ethnicity. How emphatically did the PCAOB deny Lee’s discrimination accusations? The U.S.’s […]
At the end of March, the Queen’s Deloitte announced in a firm-wide webcast that thanks to employees’ hard work and determination throughout the pandemic the firm would be giving them up to £2,000. You know, as a way to say “hey, sorry we had to cut back when the panini scared the shit out of […]
Leave it to EY to turn a call with staff into a high school pep rally. And leave it to one EY employee to hilariously try to torpedo it. This was posted on Fishbowl earlier today: The funny thing is another EYer who was on that call told us he/she was considering doing something similar […]
In 2020, CPA exam candidates somehow managed to outperform 2019 with pass rates slightly higher than the prior year across the board. This feat was made that much more impressive by the fact that for at least a small part of the year they couldn’t even test thanks to the raging coof but thankfully that […]
Ah, we have an update on the class-action suit filed against Mattel and its longtime auditor, PwC, by investors who claim Mattel’s finance team and PwC auditors covered up an accounting error that affected the toy giant’s financial results toward the end of 2017. Bloomberg Law reported today: Mattel Inc. investors who accused the company of […]
While not public accounting specific, that is the percentage of top performers who had their promotions postponed within the past year due to the Rona pandemic, according to the results of a recent Robert Half survey. So as a result of not being able to drink that sweet promotion juice, 38% of professionals surveyed said […]
I think new Jacksonville Jaguars QB1 Trevor Lawrence will be just fine not understanding (or giving a shit about) what LIFO means: Trevor if you see this I miss you please take me back @Trevorlawrencee @TrevWall — timothée cuccino PhD (@whatsCucciO) April 30, 2021 Hope all you LIFO nerds have a great Sunday.
Determined to steal the crown from public accounting’s reigning fuck-ups (that’s EY for those of you out of the loop), a group of former KPMGers are doing their best to bring shame upon their former firm now that news of their “boys’ night out” shenanigans has reached the unwashed masses. And they have the Australian Financial […]
AICPA, NASBA and AAA to Announce New Model Accounting Curriculum at Free Online Event [AICPA] The free online event, to be held June 15-16, will provide attendees with a thorough overview of the Model Curriculum. The event is open to all who are interested, including members of the media. To attend, register online. Local CPA’s […]
Bringing up the rear among the Big 4 firms in the 2021 F100BCTWF is EY at No. 41. The good news is, even after all the cringey decisions EY leadership made over the past year—temporarily shelving performance-based bonuses, getting rid of senior manager promotion bonuses, giving raises only to EYers who went up in rank, […]
UPDATE: Mary O’Connor quit. According to the Financial Times, she said: “I am privileged to have been able to make a significant contribution to rebuilding the trust in our business and to help set it on the path to even greater future growth. However, I have decided that my corporate experience and approach are now […]
A screenshot of a LinkedIn post by an ex-Deloitte employee made its way to our inbox this morning: BTW, this person is currently employed and no longer works in public accounting. Now that people are voluntarily leaving the Big 4 en masse, desperate times call for desperate measures, I guess. Related articles: Layoff Watch ’20: […]
Following one spot behind PwC at No. 39 in the 2021 F100BCTWF is KPMG. One of the biggest things that happened at the Radio Station during the pandemic was (no, not Phil turning 50) a change in leadership. Lynne Doughtie led the troops for the first few months of the Rona outbreak, trying to convince […]
It’s been several weeks since we wrote about the Hawaiian vacation amongst three friends that turned deadly, so let’s catch you up on the latest. First, Benjamin Fleming of Pittsburgh, who was charged with manslaughter in the death of his friend and Carnegie Mellon University classmate Abhishek Gupta, who worked for Deloitte Consulting, was allowed […]
Here we are in the Second Summer of COVID and while vaccination numbers are encouraging, obviously there are still some hiccups to work out as we make the slow but steady slog back to whatever version of “normal” exists now. It’s encouraging, but as with anything we should temper our expectations and do our best […]
Next up in the 2021 F100BCTWF are the darlings of the Big 4, PwC. Somebody on one of the chatter sites said recently that the reason why PwC attracts so many new recruits, capital market servants from other Big 4 firms, and has such a good reputation is because it has a charismatic and very […]
Very sad news out of Virginia as we learned this morning that longtime Deloitte Government & Public Sector Principal Greg Pellegrino died after a single-car accident in Loudoun County, VA, on April 25. He was 55 years old. According to Patch.com, the accident occurred at the intersection of Lime Kiln Road and Snickersville Turnpike. The […]
Earlier this month, Fortune came out with its latest installment of the 100 Best Companies to Work For, and the biggest surprise is who didn’t make this year’s list. After a three-year run, Crowe fell out of the top 100. Why? We can only speculate, but with a big focus by Fortune this year on […]
Let’s put a bow on our coverage of the 2022 Vault Accounting 50 by listing the best of the best public accounting firms in 19 quality of life categories, diversity initiatives, and in three practice areas. The winners, according to Vault, are: Benefits: Schellman & Co. Business Outlook: Schellman & Co. Client Interaction: Plante Moran Compensation: Schellman […]
Yes, busy season sucks. But getting sentenced to nearly three years in federal prison during busy season sucks way more. Still, I don’t think any of our friends on Tax Twitter are going to feel sorry for Nikia Tull of Norfolk, VA, who was recently sentenced to 33 months in the pokey for wire fraud […]
Deloitte reveals number of staff complaints [Financial Review] Consultancy giant Deloitte has become the first major professional services firm in the country to voluntarily disclose the number of workplace investigations conducted each year – roughly 15 a year over the past three years – with the pressure now on rival firms to disclose similar data. […]
Not sure if y’all have heard but EY has really been struggling to not look like total jackasses in recent history. The reputational fallout really started back in October 2019 with that whole waffles and pancakes debacle, a training exercise that told female executives at EY to stop being so shrill and to put their […]
A lot of bouquets were thrown PwC’s way in the 2022 Vault Accounting 50: best overall accounting firm to work for; most prestigious firm; and the best firm for formal training, hiring process, audit and assurance, forensic accounting, and tax accounting. Not to mention PwC was ranked highest among the Big 4 in diversity, specifically […]
In the 16 years that Vault has ranked public accounting firms by prestige, only three firms have taken the title of “most prestigious”: EY (2007), Deloitte (2009), and PwC (2008; 2010-current). With the release of Vault’s 2022 Accounting 50 last week, that’s 13 straight years now that PwC has been viewed by accountants as the […]
This seems like ages ago but back in October 2019, the Wall Street Journal revealed what was written in a one-page whistleblower complaint—written by a group of current and former PCAOB employees—that alleged some serious problems going on at the PCAOB under chairman William Duhnke, a Republican who was appointed to that role in December […]
On March 18, the UK government weighed in with its long-promised consultation paper (the “Consultation), “Restoring Trust in Audit and Corporate Governance.” Ninety-eight questions, spread over 232 pages, contain much that is cautious and little that is innovative. The problem is, what is cautious would not innovate, and what would innovate is not cautious. For another day, […]
Except for 2012 when the Purple Rose of Chicago shockingly was named the best accounting firm to work for, a Big 4 firm has been ranked No. 1 in all the other Vault Accounting 50s. Which firm has led the most through the years? Obviously the most prestigiousiest one: PwC: 9 Deloitte: 1 EY: 1 […]
Back in September, we informed everyone who isn’t a regular reader of NASBA state board reports (so, everyone then) that The Powers That Be were seriously considering remote testing for the CPA exam, mostly because what we all thought would be a couple weeks at home in March 2020 turned into … well … you […]
How much do Big 4 people really care about Vault’s annual Accounting 50? PwC, Deloitte, and KPMG and their employees probably care way more about the ranking than EY and its employees because those firms routinely comprise the top three positions. EY, on the other hand, hasn’t participated in Vault’s annual survey of accounting professionals […]
Bloomberg reported on Saturday: A special parliamentary investigator lists far-reaching shortcomings in Ernst & Young’s audits of Wirecard AG before the German financial technology company collapsed last year, a person familiar with the report said. The investigator lists about 11 incidences where EY failed to take measures to uncover the multibillion fraud, said the person, who spoke […]
With the widespread adoption of remote and hybrid work structures and an increased reliance on technology, the past year has seen big changes to the accounting and finance professions. As many accountants and finance professionals face the reality that they won’t be returning to the office anytime soon (if at all), it’s clear that the […]
What our esteemed former colleague Caleb Newquist wrote in yesterday’s Gusto “On the Margins” newsletter is probably closer to the truth than not: I can just picture Tim Ryan at the head of a long table with lieutenants sitting around racking their brains for ideas. “How do we show people that we’re serious about them taking […]
So I’m originally from Wisconsin, and other than my tendency to store extra fat in the winter and an unfortunate affinity for drawing out my vowels in words like “mom” and “bagel,” you wouldn’t really know it. I moved to California fairly young, hence why I’m more likely to say “hella” than “uffda” (though both […]
Ernst & Young opens program in Boston to attract autistic workers and other “neuro-diverse” recruits [Boston Globe] These programs at EY are designed to hire talented candidates whose cognitive differences — dyslexia, autism, or ADHD, for example — might hamper them in traditional one-on-one job interviews that rely on good social skills. EY also provides […]
Closing arguments were held on April 13 in the bench trial of audit whistleblower Mauro Botta vs. PricewaterhouseCoopers. Botta, a former PwC senior manager, claims that he was wrongfully terminated by PwC in retaliation for making a whistleblower report to the SEC. Botta’s whistleblower report alleges that PwC had compromised its independence by acquiescing to […]
Bernie Madoff, the Ponzi schemer who died in prison today while serving a 150-year sentence, provided great wealth for my blog, Re:Balance, if not to the broad array of credulous customers from all levels of society, from whom he extracted over $17 billion. One of my favorites, from March 27, 2009, is re-offered here in […]
“Charles Ponzi is now a footnote. They’re now Madoff schemes.” — Anthony Sabino, a defense lawyer specializing in white collar criminal defense, famously said in July 2009 after Bernie Madoff decided not to appeal his 150-year sentence for fraud. As you’ve probably heard by now, Madoff died today in jail at the age of 82. […]
Presuming that Janet Yellen, our current secretary of the Treasury, lives in California, her marginal tax rate might be as high as 13.3%. That’s a little scary for those of us living here in Maryland. Good thing she knows how to handle finances. For that kind of tax rate she might easily be persuaded to […]
Active CPA exam candidates should have gotten an email about this upcoming planned outage however if your inbox looks anything like mine, it’s entirely possible that said email was lost among the Hello Fresh spam and discount codes from brands you bought from once that try and act like they genuinely miss you. So consider […]
